Hi everyone, My question is about tax implications on two types of arrangements. Scenario 1: I have an IP1 (loan amount 500k) that has 100k equity built up. I topup existing loan (make it 600k) and intend to use equity on expenses (such driveway/fence/tiles ) for other two under construction properties IP2(40k) and IP3(60k). Scenario 2: I take two splits so that now I have three loans 500k (IP1), 40k (IP2) and 60k (IP3). I spend two split equities on respective IPs. I know the 2nd approach is cleaner and preferred. However, I have already done 1st (I regret not doing 2nd). For tax filing I have to apportion the interest paid on 600k for all three IPs. How can I fix this problem? In long run I want to have 1-1 relationship between IP and loan so that no apportioning required. Considering: - All three are IP (no plan to make any of them ppor in short or long term) - All three are currently under construction. - I am okay to apportion interest in short term but want to fix this prob for long run. - No plan to sell in short term.